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Original filing (PDF)20250729100129NAL0001228787001
PENN STATE HEALTH
Form 5500
FILING_RECEIVED
PENN STATE HEALTH TAX SHELTERED ANNUITY PROGRAM
403(b) retirement plan
Signals · 1
12 service providers
Active participants
19,306
Accounts w/ balance
4,007
Plan assets (EOY)
$532.5M
Net assets (EOY)
$532.5M
How this plan invests
This plan
2 pooled trusts
Schedule D
86 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
65
Knocking points off
- Only 21% as many balances as active participants — suggests many active employees aren't deferring.
Helping the score
- Below-peer total fees (3 bps vs 6 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PENN STATE HEALTH.
Plan sponsor
Name
PENN STATE HEALTH
EIN
47-3769205
Address
P.O. BOX 804 · HERSHEY, PA · 170330804
Phone
(717) 531-6222
Industry
Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-29
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2R · Participant-directed brokerage (SDBA)
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
12 rowsRecordkeeper
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INVETMENT, CO | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $48K | — |
| VARIALBE ANNUITY LIFE INSURANCE CO. | 74-1625348 | — | RECORDKEEPER | $4K | — |
| TIAA-CREF INVESTMENT MANAGEMENT | 13-3586142 | — | RECORDKEEPER | $0 | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MANAGEMENT | $59K | — |
| CHARLES SCHWAB & CO., INC. | 94-1737782 | — | INVESTMENT ADVISORY | $801 | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FORVIS, LLP | 44-0160260 | — | AUDITOR | $32K | — |
Other
6| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LARSON FINANCIAL GROUP | 20-4773945 | — | OTHER FEES | $3K | — |
| FORT PITT CAPITAL GROUP, LLC | 47-5006020 | — | OTHER FEES | $3K | — |
| SIGNATURE ESTATE & INVESTMENT | 95-4806910 | — | OTHER FEES | $2K | — |
| APOLLON WEALTH MANAGEMENT,LLC | 82-3706323 | — | OTHER FEES | $1K | — |
| FLEXIBLE PLAN INVESTMENT, LTD | 38-2340348 | — | OTHER FEES | $499 | — |
| CAMBRIDGE INVESTMENT RESEARCH | 39-1897480 | — | OTHER FEES | $43 | — |
Investments
86 direct securities · 2 pooled funds· $580.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$527.1M
84 holdings
Pooled Separate Account
$48.4M
2 holdings
Mutual Funds
$3.8M
1 holding
Pooled Separate Accounts
$1.5M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Institution Index 135,473 shares | — | — | $135K | $64.9M | 12.2% | |
| TIAA REAL ESTATE TIAA-CREF · EIN 13-1624203 / PN 004 | Pooled Separate Account | — | — | $45.1M | 8.5% | |
| T. Rowe Price Retirement 2035 1,650,270 shares | — | — | $1.7M | $34.7M | 6.5% | |
| T. Rowe Price Retirement 2030 1,351,917 shares | — | — | $1.4M | $34.6M | 6.5% | |
| T. Rowe Price Retirement 2040 1,075,388 shares | — | — | $1.1M | $32.9M | 6.2% | |
| T. Rowe Price Retirement 2045 1,395,604 shares | — | — | $1.4M | $31.1M | 5.8% | |
| T. Rowe Price Retirement 2025 1,566,969 shares | — | — | $1.6M | $25.9M | 4.9% | |
| TCW Metwest Total Return Bond Plan 3,051,264 shares | — | — | $3.1M | $25.4M | 4.8% | |
| Guaranteed Interest Fund 2.10% | — | — | — | $24.0M | 4.5% | |
| T. Rowe Price Retirement 2050 1,226,961 shares | — | — | $1.2M | $23.2M | 4.4% | |
| T. Rowe Price Retirement 2020 1,107,488 shares | — | — | $1.1M | $20.6M | 3.9% | |
| JP Morgan Large Cap Growth 196,783 shares | — | — | $197K | $16.5M | 3.1% | |
| DFA International Core Equity Portfolio Institutional Class 1,018,658 shares | — | — | $1.0M | $15.7M | 3.0% | |
| Variable Annuity Funds *CREF Stock R2 16,341 units | — | — | $16K | $14.9M | 2.8% | |
| Vanguard Mid Cap Index 170,907 shares | — | — | $171K | $12.3M | 2.3% | |
| T. Rowe Price Retirement 2055 612,583 shares | — | — | $613K | $12.2M | 2.3% | |
| American Century Select 94,734 shares | — | — | $95K | $12.0M | 2.3% | |
| Vanguard Small Cap Index Institutional 95,608 shares | — | — | $96K | $11.0M | 2.1% | |
| CREF Growth R2 19,380 units | — | — | $19K | $10.2M | 1.9% | |
| JP Morgan Core Plus Bond 1,418,365 shares | — | — | $1.4M | $10.1M | 1.9% | |
| Fixed Annuity Accounts, at contract value *TIAA Traditional - Fully Benefit Responsive | — | — | — | $9.5M | 1.8% | |
| American Funds New World R6 101,171 shares | — | — | $101K | $7.8M | 1.5% | |
| CREF Equity Index R2 13,673 units | — | — | $14K | $7.0M | 1.3% | |
| American Century Strategy Allocation 1,057,248 shares | — | — | $1.1M | $6.8M | 1.3% | |
| T. Rowe Price Retirement 2015 447,112 shares | — | — | $447K | $5.6M | 1.1% | |
| Self-Directed Brokerage Account Charles Schwab Self-Directed Brokerage Account Various | — | — | — | $4.7M | 0.9% | |
| Parnassus Core Equity Fund - Institutional Shares 77,029 shares | — | — | $77K | $4.6M | 0.9% | |
| Vanguard Small Cap Growth Index Admiral 55,209 shares | — | — | $55K | $4.4M | 0.8% | |
| MassMutual Select Mid Cap Growth I 200,671 shares | — | — | $201K | $3.9M | 0.7% | |
| American Century Mid Cap Value R6 247,509 shares | Mutual Funds | — | $248K | $3.8M | 0.7% | |
| CREF Social Choice R2 10,394 units | — | — | $10K | $3.8M | 0.7% | |
| Cohen & Steers Institutional Realty Shares 79,377 shares | — | — | $79K | $3.8M | 0.7% | |
| MFS Value R6 77,135 shares | — | — | $77K | $3.7M | 0.7% | |
| Blackrock High Yield Bond 513,805 shares | — | — | $514K | $3.6M | 0.7% | |
| CREF Global Equities R2 10,440 units | — | — | $10K | $3.6M | 0.7% | |
| VARIABLE ANNUITY LIFE INSURANCE CO VALIC · EIN 74-1625348 / PN 001 | Pooled Separate Account | — | — | $3.3M | 0.6% | |
| T. Rowe Price Retirement 2060 188,134 shares | — | — | $188K | $3.1M | 0.6% | |
| JP Morgan Small Cap Equity 55,996 shares | — | — | $56K | $3.1M | 0.6% | |
| CREF Core Bond R2 19,782 units | — | — | $20K | $2.6M | 0.5% | |
| T. Rowe Price Retirement 2005 165,191 shares | — | — | $165K | $2.0M | 0.4% | |
| T. Rowe Price Retirement 2010 108,954 shares | — | — | $109K | $1.7M | 0.3% | |
| Victory Sycamore Small Co Opp R6 34,427 shares | — | — | $34K | $1.6M | 0.3% | |
| TIAA Real Estate 3,346 units | Pooled Separate Accounts | — | $3K | $1.5M | 0.3% | |
| T. Rowe Price Retirement 2065 83,788 shares | — | — | $84K | $1.1M | 0.2% | |
| Notes Receivable From Participants Various maturity dates through September 2028; interest rates from 3.20% to 9.50% | — | — | — | $780K | 0.1% | |
| CREF Money Market R2 26,274 units | — | — | $26K | $779K | 0.1% | |
| Charles Schwab Self-Directed Brokerage Roth Various | — | — | — | $708K | 0.1% | |
| VALIC Stock Index 24,749 units | — | — | $25K | $646K | 0.1% | |
| CREF Inflation-Linked Bond R2 7,478 units | — | — | $7K | $630K | 0.1% | |
| VALIC Loan Escrow Fund Various 271 *VALIC Mid Cap Index 11,031 units | — | — | $11K | $453K | <0.1% | |
| VALIC Fixed Account Plus | — | — | — | $445K | <0.1% | |
| VALIC Small Cap Index 26,985 units | — | — | $27K | $305K | <0.1% | |
| VALIC Growth 42,561 units | — | — | $43K | $251K | <0.1% | |
| VALIC Large Cap Growth 36,100 units | — | — | $36K | $192K | <0.1% | |
| VALIC Vanguard Windsor II 19,714 units | — | — | $20K | $175K | <0.1% | |
| VALIC Mid Cap Strategic 29,346 units | — | — | $29K | $165K | <0.1% | |
| VALIC Science & Technology 7,598 units | — | — | $8K | $161K | <0.1% | |
| VALIC Core Bond 64,511 units | — | — | $65K | $137K | <0.1% | |
| VALIC Short Term Fixed Account | — | — | — | $111K | <0.1% | |
| VALIC US Socially Responsible 15,580 units | — | — | $16K | $105K | <0.1% | |
| VALIC Nasdaq-100R Index 14,878 units | — | — | $15K | $80K | <0.1% | |
| VALIC International Value 46,684 units | — | — | $47K | $77K | <0.1% | |
| VALIC International Equities 26,217 units | — | — | $26K | $70K | <0.1% | |
| VALIC Vanguard Wellington Fund, Inc. 6,411 units | — | — | $6K | $50K | <0.1% | |
| Fixed Annuity Accounts, at fair value *TIAA Traditional - Nonbenefit Responsive 5.25% - 5.50% | — | — | — | $49K | <0.1% | |
| VALIC Dividend Value 83 units 450 *VALIC Emerging Economies 37,896 units | — | — | $38K | $44K | <0.1% | |
| VALIC Vanguard Treasury 12,983 units | — | — | $13K | $36K | <0.1% | |
| VALIC Systematic Core 3,430 units | — | — | $3K | $35K | <0.1% | |
| VALIC Ariel 5,357 units | — | — | $5K | $33K | <0.1% | |
| VALIC Blue Chip Growth 5,386 units | — | — | $5K | $31K | <0.1% | |
| VALIC International Opportunities 9,566 units | — | — | $10K | $30K | <0.1% | |
| VALIC Vanguard Lifestyle Growth 7,217 units | — | — | $7K | $29K | <0.1% | |
| VALIC Vanguard Lifestyle Modera 8,435 units | — | — | $8K | $29K | <0.1% | |
| VALIC Inflation Protected 15,189 units | — | — | $15K | $22K | <0.1% | |
| VALIC Small Cap Value 3,337 units | — | — | $3K | $21K | <0.1% | |
| VALIC Money Market I 8,763 units | — | — | $9K | $19K | <0.1% | |
| VALIC International Growth I 3,251 units | — | — | $3K | $15K | <0.1% | |
| VALIC Loan Collateral Fund Various | — | — | — | $15K | <0.1% | |
| VALIC Asset Allocation 1,175 units | — | — | $1K | $15K | <0.1% | |
| VALIC Systematic Value 4,129 units | — | — | $4K | $14K | <0.1% | |
| VALIC High Yield Bond 3,565 units | — | — | $4K | $13K | <0.1% | |
| VALIC Global Real Estate 7,385 units | — | — | $7K | $12K | <0.1% | |
| VALIC Small Cap Special Value 3,551 units | — | — | $4K | $11K | <0.1% | |
| VALIC Mid Cap Value 634 units | — | — | — | $7K | <0.1% | |
| VALIC Global Strategy 2,398 units | — | — | $2K | $6K | <0.1% | |
| VALIC VC I Capital Appreciation 990 units | — | — | — | $6K | <0.1% | |
| VALIC International Socially Responsible Fund 600 units | — | — | — | $6K | <0.1% | |
| VALIC Small Cap Growth 451 units | — | — | — | $3K | <0.1% |